U.S. consumers usually reduce taking out loans in a slump, so one likely winner in the coming downturn, per BCA’s Papic, is homebuilders’ stocks.
The iPhone maker has flat revenue at best, while the software titan enjoys major top-line growth.
Their case: The once-sclerotic economy now offers good investment value and a new, shareholder-friendly spirit.
China’s reopening and worldwide lack of infrastructure for raw materials should power the revival, per the firm’s Jeff Currie.
After capex rebound, financial and industrial stocks should benefit most, BCA study says.
The tempo of cap ex should slow to just 1% growth in 2020, the Conference Board predicts.
Tech advances like AI, plus Fed restraint, may at last lift it out of the doldrums, Natixis’ Lavorgna believes.
This further fuels the debate over whether corporate America favors investors now or its long-term future.
PitchBook: Lower corporate tax rates and immediate write-offs will juice profits.
Boost of over 20% in first quarter, if sustained, might help lagging productivity gains.